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Articles from Helmerich & Payne, Inc.

Helmerich & Payne Completes Acquisition of KCA Deutag
Helmerich & Payne, Inc. (NYSEHP) (“H&P” or the “Company”) today announced that it has completed its acquisition of KCA Deutag International Limited (“KCA Deutag”), establishing a global leader in onshore drilling.
By Helmerich & Payne, Inc. · Via Business Wire · January 16, 2025
Helmerich & Payne, Inc. Announces Fiscal First Quarter 2025 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) fiscal first quarter 2025 earnings release, you are invited to listen to its conference call on Thursday, February 06, 2025, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Kevin Vann, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. The earnings release and presentation for the quarterly results will be available on the company’s website at www.helmerichpayne.com. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · January 9, 2025
Helmerich & Payne, Inc. Announces Release of its 2024 Sustainability Report
Helmerich & Payne, Inc. (NYSEHP) (H&P or the Company) today announced that it has released its 2024 Sustainability Report outlining the Company’s sustainability efforts and performance for its fiscal year ended September 30, 2024.
By Helmerich & Payne, Inc. · Via Business Wire · December 12, 2024
Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter & Fiscal Year Results
Helmerich & Payne, Inc. (NYSEHP) reported net income of $75 million, or $0.76 per diluted share, from operating revenues of $694 million for the quarter ended September 30, 2024, compared to net income of $89 million, or $0.88 per diluted share, from operating revenues of $698 million for the quarter ended June 30, 2024. The net income per diluted share for the fourth and third quarters of fiscal year 2024 include $0.00 and net $(0.04) of after-tax gains and losses, respectively, comprised of select items(2). For the fourth quarter of fiscal year 2024, select items(2) were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · November 13, 2024
Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter 2024 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) fiscal fourth quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, November 14, 2024, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Kevin Vann, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · October 10, 2024
Helmerich & Payne, Inc. Announces Pricing of $1.25 Billion Aggregate Principal Amount of Senior Notes
Helmerich & Payne, Inc. (NYSEHP) (“H&P” or the “Company”) announced today that it has priced an offering (the “Offering”) of $1.25 billion aggregate principal amount of senior notes, comprised of the following tranches (collectively, the “Notes”): $350 million aggregate principal amount of 4.650% senior notes due 2027 to be issued at a price equal to 99.958% of their face value, $350 million aggregate principal amount of 4.850% senior notes due 2029 to be issued at a price equal to 99.883% of their face value and $550 million aggregate principal amount of 5.500% senior notes due 2034 to be issued at a price equal to 99.670% of their face value.
By Helmerich & Payne, Inc. · Via Business Wire · September 10, 2024
Helmerich & Payne, Inc. Announces Private Offering of Senior Notes
Helmerich & Payne, Inc. (NYSEHP) (“H&P” or the “Company”) announced today that it intends to offer senior unsecured notes (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States in compliance with Regulation S under the Securities Act (the “Offering”). The timing of pricing and terms of the Notes are subject to market conditions and other factors.
By Helmerich & Payne, Inc. · Via Business Wire · September 10, 2024
Helmerich & Payne, Inc. To Participate in Conferences in September 2024
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Kevin Vann, Senior Vice President and Chief Financial Officer; Trey Adams, Senior Vice President of Digital Operations, Sales, and Marketing; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of September 2024. Participation by the management team will vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · August 29, 2024
Helmerich & Payne, Inc. Announces J. Kevin Vann as New Chief Financial Officer
Helmerich & Payne, Inc. (NYSEHP) today announced the hiring of J. Kevin Vann as the Chief Financial Officer Designate, effective August 5, 2024. Vann will be appointed to succeed Mark W. Smith as Chief Financial Officer (CFO) upon Smith’s retirement from that position, which as previously announced, will occur on August 15, 2024. Vann brings extensive public company financial and accounting experience in the oil and gas industry, which will be instrumental as H&P continues to grow and expand its market presence.
By Helmerich & Payne, Inc. · Via Business Wire · August 5, 2024
Helmerich & Payne Announces Agreement to Acquire KCA Deutag
Helmerich & Payne, Inc. (NYSEHP) (“H&P” or the “Company”) and KCA Deutag International Limited (“KCA Deutag”) today announced a definitive agreement under which H&P will acquire KCA Deutag for $1.9725 billion in cash.
By Helmerich & Payne, Inc. · Via Business Wire · July 25, 2024
Helmerich & Payne, Inc. Announces Fiscal Third Quarter Results
Helmerich & Payne, Inc. (NYSEHP) reported net income of $89 million, or $0.88 per diluted share, from operating revenues of $698 million for the quarter ended June 30, 2024, compared to net income of $85 million, or $0.84 per diluted share, from operating revenues of $688 million for the quarter ended March 31, 2024. The net income per diluted share for the third and second quarters of fiscal year 2024 include net $(0.04) and net $0.00 of after-tax gains and losses, respectively, comprised of select items(1). For the third quarter of fiscal year 2024, select items were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · July 24, 2024
Helmerich & Payne, Inc. Announces Fiscal Third Quarter 2024 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) fiscal third quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, July 25, 2024, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · July 2, 2024
Helmerich & Payne, Inc. To Participate in J.P. Morgan 2024 Energy, Power and Renewables Conference
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; and Dave Wilson, Vice President of Investor Relations are scheduled to participate in meetings with investors at the J.P. Morgan 2024 Energy, Power and Renewables Conference in New York City on both Monday and Tuesday, June 17-18, 2024. Mr. Lindsay will participate in a discussion on behalf of the Company on Monday, June 17, 2024, at 4:05 p.m. U.S. ET.
By Helmerich & Payne, Inc. · Via Business Wire · June 12, 2024
Helmerich & Payne, Inc. Announces Fiscal Second Quarter Results
Helmerich & Payne, Inc. (NYSEHP) reported net income of $85 million, or $0.84 per diluted share, from operating revenues of $688 million for the quarter ended March 31, 2024, compared to net income of $95 million, or $0.94 per diluted share, from operating revenues of $677 million for the quarter ended December 31, 2023. The net income per diluted share for the second and first quarters of fiscal year 2024 include net $0.00 and net $(0.03) of after-tax gains and losses, respectively, comprised of select items(1). For the second quarter of fiscal year 2024, select items were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · April 24, 2024
Helmerich & Payne, Inc. Announces Fiscal Second Quarter 2024 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) second quarter 2024 earnings release, you are invited to listen to its conference call on Thursday, April 25, 2024, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · April 2, 2024
Helmerich & Payne, Inc. To Participate in Conferences in March 2024
Helmerich & Payne, Inc. (NYSEHP) today announced that Mark Smith, Senior Vice President and Chief Financial Officer; Trey Adams, Senior Vice President of Digital Operations, Sales, and Marketing; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of March 2024. Participation by the management team will vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · March 7, 2024
Helmerich & Payne, Inc. Announces Retirement of Mark W. Smith, CFO
Helmerich & Payne, Inc. (NYSEHP) today announced that Mark W. Smith, Senior Vice President and Chief Financial Officer, has informed the Company of his intention to retire in August of 2024. The Company has commenced a search process to identify CFO candidates. Mr. Smith will continue to serve in his current role until a successor is identified and has an opportunity to effectively transition into that position. Accordingly, Mr. Smith will remain as a senior advisor to the Company until December 2024 after his retirement date.
By Helmerich & Payne, Inc. · Via Business Wire · February 22, 2024
Helmerich & Payne, Inc. To Participate in the 2024 THRIVE Energy Conference in February 2024
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; and Dave Wilson, Vice President of Investor Relations as well as other members of management plan to participate in the 2024 THRIVE Energy Conference by Daniel Energy Partners on Wednesday and Thursday, February 21-22, 2024. Mr. Lindsay will participate in a panel discussion on behalf of the Company on Wednesday, February 21, 2024, at 1:30 p.m. U.S. CT.
By Helmerich & Payne, Inc. · Via Business Wire · February 19, 2024
Helmerich & Payne, Inc. Announces Finalization of Contractual Terms with Saudi Aramco for Recent 7-rig Unconventional Gas Award
Helmerich & Payne, Inc. (the “Company” or “H&P”) (NYSEHP) today announced that the Company and Saudi Aramco have finalized the contractual terms related to a recent 7-rig tender award.
By Helmerich & Payne, Inc. · Via Business Wire · February 12, 2024
Helmerich & Payne, Inc. Announces Fiscal First Quarter Results
Helmerich & Payne, Inc. (NYSEHP) reported net income of $95 million, or $0.94 per diluted share, from operating revenues of $677 million for the quarter ended December 31, 2023, compared to net income of $78 million, or $0.77 per diluted share, from operating revenues of $660 million for the quarter ended September 30, 2023. The net income per diluted share for the first quarter of fiscal 2024 and fourth quarter of fiscal 2023 include $(0.03) and $0.08 of after-tax losses and gains, respectively, comprised of select items(2). For the first quarter of fiscal year 2024, select items were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · January 29, 2024
Helmerich & Payne, Inc. Announces Fiscal First Quarter 2024 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) first quarter 2024 earnings release, you are invited to listen to its conference call on Tuesday, January 30, 2024, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · January 8, 2024
Helmerich & Payne, Inc. To Participate in Conferences in January 2024
Helmerich & Payne, Inc. (NYSEHP) today announced that Mark Smith, Senior Vice President and Chief Financial Officer; Mike Lennox, Senior Vice President of U.S. Land Operations; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of January 2024. Participation by the management team will vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · December 29, 2023
Helmerich & Payne, Inc. Announces Release of its 2023 Sustainability Report
Helmerich & Payne, Inc. (NYSEHP) (H&P or the Company) today announced that it has released its 2023 Sustainability Report outlining the Company’s sustainability efforts and performance for its fiscal year ended September 30, 2023.
By Helmerich & Payne, Inc. · Via Business Wire · December 13, 2023
Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter & Fiscal Year Results
Helmerich & Payne, Inc. (NYSEHP) reported net income of $78 million, or $0.77 per diluted share, from operating revenues of $660 million for the quarter ended September 30, 2023, compared to net income of $95 million, or $0.93 per diluted share, from operating revenues of $724 million for the quarter ended June 30, 2023. The net income per diluted share for the fourth and third quarters of fiscal year 2023 include $0.08 and $(0.16) of after-tax gains and losses, respectively, comprised of select items(2). For the fourth quarter of fiscal year 2023, select items(2) were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · November 8, 2023
Helmerich & Payne, Inc. Announces Supplemental Shareholder Return Plan and Planned Capital Expenditures for Fiscal 2024 and Conference Call and Webcast for Fiscal Fourth Quarter 2023
Helmerich & Payne, Inc. (“H&P” or the “Company”) (NYSEHP) today announced its planned capital expenditures and supplemental shareholder return plan for fiscal year 2024. The Company also announced the timing of the upcoming conference call and webcast for its fiscal fourth quarter of 2023.
By Helmerich & Payne, Inc. · Via Business Wire · October 18, 2023
Helmerich & Payne, Inc. To Participate in Conferences in September 2023
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; Mike Lennox, Senior Vice President of U.S. Land Operations; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of September 2023. Participation by the management team will vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · August 31, 2023
Helmerich & Payne, Inc. Announces Fiscal Third Quarter Results
Helmerich & Payne, Inc. (NYSEHP) reported net income of $95 million, or $0.93 per diluted share, from operating revenues of $724 million for the quarter ended June 30, 2023, compared to net income of $164 million, or $1.55 per diluted share, from operating revenues of $769 million for the quarter ended March 31, 2023. The net income per diluted share for the third and second quarters of fiscal 2023 include $(0.16) and $0.29 of after-tax losses and gains, respectively, comprised of select items(1). For the third quarter of fiscal year 2023, select items were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · July 26, 2023
Helmerich & Payne, Inc. Announces the Appointment of New Director
Helmerich & Payne, Inc. (NYSEHP) today announced that Elizabeth Killinger was appointed to the Company’s Board of Directors.
By Helmerich & Payne, Inc. · Via Business Wire · June 30, 2023
Helmerich & Payne, Inc. Announces Fiscal Third Quarter 2023 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) third quarter 2023 earnings release, you are invited to listen to its conference call on Thursday, July 27, 2023, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · June 29, 2023
Helmerich & Payne, Inc. To Participate in J.P. Morgan 2023 Energy, Power and Renewables Conference
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; Mike Lennox, Senior Vice President of U.S. Land Operations; and Dave Wilson, Vice President of Investor Relations are scheduled to participate in meetings with investors at the J.P. Morgan 2023 Energy, Power and Renewables Conference in New York City on both Wednesday and Thursday, June 21-22, 2023. Mr. Lindsay will participate in a discussion on behalf of the Company on Thursday, June 22, 2023, at 10:55 a.m. U.S. ET.
By Helmerich & Payne, Inc. · Via Business Wire · June 16, 2023
Helmerich & Payne, Inc. To Participate in Conferences in May 2023
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of May 2023. Participation by the management team will vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · May 9, 2023
Helmerich & Payne, Inc. Announces Fiscal Second Quarter Results
Helmerich & Payne, Inc. (NYSEHP) reported net income of $164 million, or $1.55 per diluted share, from operating revenues of $769 million for the quarter ended March 31, 2023, compared to net income of $97 million, or $0.91 per diluted share, from operating revenues of $720 million for the quarter ended December 31, 2022. The net income per diluted share for the second and first quarters of fiscal 2023 include $0.29 and $(0.20) of after-tax gain and losses, respectively, comprised of select items(1). For the second quarter of fiscal year 2023, select items were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · April 26, 2023
Helmerich & Payne, Inc. Announces Fiscal Second Quarter 2023 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) second quarter 2023 earnings release, you are invited to listen to its conference call on Thursday, April 27, 2023, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · April 5, 2023
Helmerich & Payne, Inc. To Participate in Conferences in March 2023
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; Trey Adams, Senior Vice President of Digital Operations, Sales, and Marketing; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of March 2023. Participation by the management team will vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · March 16, 2023
Helmerich & Payne, Inc. Announces Fiscal First Quarter Results
Helmerich & Payne, Inc. (NYSEHP) reported net income of $97 million, or $0.91 per diluted share, from operating revenues of $720 million for the quarter ended December 31, 2022, compared to net income of $46 million, or $0.42 per diluted share, from operating revenues of $631 million for the quarter ended September 30, 2022. The net income per diluted share for first quarter of fiscal 2023 and fourth quarter of fiscal year 2022 include $(0.20) and $(0.03) of after-tax losses, respectively, comprised of select items(1). For the first quarter of fiscal year 2023, select items were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · January 30, 2023
Helmerich & Payne, Inc. Announces Fiscal First Quarter 2023 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) fiscal first quarter 2023 earnings release, you are invited to listen to its conference call on Tuesday, January 31, 2023, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · January 9, 2023
Helmerich & Payne, Inc. To Participate in Conferences in January 2023
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; Mike Lennox, Senior Vice President of U.S. Land Operations; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of January 2023. Participation by the management team will vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · December 30, 2022
Helmerich & Payne, Inc. Announces Release of its 2022 Sustainability Report
Helmerich & Payne, Inc. (NYSEHP) (“H&P” or the “Company”) today announced that it has released its 2022 Sustainability Report outlining the Company’s sustainability efforts and performance for its fiscal year ended September 30, 2022.
By Helmerich & Payne, Inc. · Via Business Wire · December 13, 2022
Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter & Fiscal Year Results
Helmerich & Payne, Inc. (NYSEHP) reported net income of $46 million, or $0.42 per diluted share, from operating revenues of $631 million for the quarter ended September 30, 2022, compared to net income of $18 million, or $0.16 per diluted share, from operating revenues of $550 million for the quarter ended June 30, 2022. The net income per diluted share for the fourth and third quarters of fiscal year 2022 include $(0.03) and $(0.11) of after-tax losses, respectively, comprised of select items(2). For the fourth quarter of fiscal year 2022, select items(2) were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · November 16, 2022
Helmerich & Payne, Inc. Announces Supplemental Shareholder Return Plan and Capital Budget for Fiscal 2023 and Conference Call and Webcast for Fiscal Fourth Quarter 2022
Helmerich & Payne, Inc. (“H&P” or the “Company”) (NYSEHP) today announced its supplemental shareholder return plan and capital budget for fiscal year 2023. The Company also announced the timing of the upcoming conference call and webcast for its fiscal fourth quarter of 2022.
By Helmerich & Payne, Inc. · Via Business Wire · October 18, 2022
Helmerich & Payne, Inc. To Participate in Conferences in September 2022
Helmerich & Payne, Inc. (NYSEHP) today announced that Mark Smith, Senior Vice President and Chief Financial Officer; John Bell, Senior Vice President of International and Offshore Operations; and Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of September 2022. Participation by the management team will vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · September 1, 2022
Helmerich & Payne, Inc. Announces Third Quarter Results
Helmerich & Payne, Inc. (NYSEHP) reported net income of $18 million, or $0.16 per diluted share, from operating revenues of $550 million for the quarter ended June 30, 2022, compared to a net loss of $5 million, or $(0.05) per diluted share, on operating revenues of $468 million for the quarter ended March 31, 2022. The net income per diluted share for the third quarter of fiscal year 2022 and the net loss per diluted share for the second quarter of fiscal year 2022 include $(0.11) and $0.12, respectively, of after-tax losses and gains comprised of select items(1). For the third quarter of fiscal year 2022, select items(1) were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · July 27, 2022
Helmerich & Payne, Inc. Announces Fiscal Third Quarter 2022 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) fiscal third quarter 2022 earnings release, you are invited to listen to its conference call on Thursday, July 28, 2022, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · July 5, 2022
Helmerich & Payne, Inc. To Participate in J.P. Morgan 2022 Energy, Power & Renewables Conference
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; Mike Lennox, Senior Vice President of U.S. Land Operations; and Dave Wilson, Vice President of Investor Relations; are scheduled to participate in meetings with investors at the J.P. Morgan 2022 Energy, Power & Renewables Conference in New York City on both Wednesday and Thursday, June 22-23, 2022. Mr. Lindsay will participate in an analyst Q&A session on behalf of the Company on Thursday, June 23, 2022, at 10:20 a.m. U.S. ET.
By Helmerich & Payne, Inc. · Via Business Wire · June 17, 2022
Helmerich & Payne, Inc. To Participate in Conferences in May 2022
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; Dave Wilson, Vice President of Investor Relations; and other members of H&P management plan to participate in the following investor conferences during the month of May 2022. Participation by the management team will vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · May 6, 2022
Helmerich & Payne, Inc. Announces Second Quarter Results
Helmerich & Payne, Inc. (NYSEHP) reported a net loss of $5 million, or $(0.05) per diluted share, from operating revenues of $468 million for the quarter ended March 31, 2022, compared to a net loss of $51 million, or $(0.48) per diluted share, on revenues of $410 million for the quarter ended December 31, 2021. The net losses per diluted share for the second and first quarters of fiscal year 2022 include $0.12 and $(0.03), respectively, of after-tax gains and losses comprised of select items(2). For the second quarter of fiscal year 2022, select items(2) were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · April 27, 2022
Helmerich & Payne, Inc. Announces Fiscal Second Quarter 2022 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) fiscal second quarter 2022 earnings release, you are invited to listen to its conference call on Thursday, April 28, 2022, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · April 5, 2022
Helmerich & Payne, Inc. To Participate in Conferences in March 2022
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; Dave Wilson, Vice President of Investor Relations; and other members of H&P management plan to participate in the following investor conferences during the month of March 2022. Participation by the management team will vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · March 14, 2022
Helmerich & Payne, Inc. Announces First Quarter Results
Helmerich & Payne, Inc. (NYSEHP) reported a net loss of $51 million, or $(0.48) per diluted share, from operating revenues of $410 million for the quarter ended December 31, 2021, compared to a net loss of $79 million, or $(0.74) per diluted share, on revenues of $344 million for the quarter ended September 30, 2021. The net losses per diluted share for first quarter of fiscal year 2022 and the fourth quarter of fiscal year 2021 include $(0.03) and $(0.12), respectively, of after-tax gains and losses comprised of select items(2). For the first quarter of fiscal year 2022, select items(2) were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · January 31, 2022
Helmerich & Payne, Inc. Announces Fiscal First Quarter 2022 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) fiscal first quarter 2022 earnings release, you are invited to listen to its conference call on Tuesday, February 1, 2022, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · January 10, 2022
Helmerich & Payne, Inc. To Participate in Virtual Conferences in January 2022
Helmerich & Payne, Inc. (NYSEHP) today announced that Mark Smith, Senior Vice President and Chief Financial Officer; Trey Adams, Senior Vice President of Digital Operations, Sales & Marketing; Dave Wilson, Vice President of Investor Relations plan to participate in the following investor conferences during the month of January 2022. Participation by the management team will vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · January 3, 2022
ADNOC Drilling and Helmerich & Payne Enter Framework Agreement to Enable Growth and Unlock Efficiencies
ADNOC Drilling Company PJSC (“ADNOC Drilling” or the “Company”) (ADX symbol: ADNOCDRILL / ISIN: AEA007301012) and Helmerich & Payne, Inc. (“H&P”) (NYSEHP) today jointly announced the finalization of the Rig Enablement Framework Agreement (“Framework Agreement”).
By Helmerich & Payne, Inc. · Via Business Wire · December 20, 2021
Helmerich & Payne, Inc. Announces Release of Its Inaugural Sustainability Report
Helmerich & Payne, Inc. (NYSEHP) (“H&P” or the “Company”) today announced that it has released its inaugural Sustainability Report outlining the Company’s sustainability efforts and performance data.
By Helmerich & Payne, Inc. · Via Business Wire · December 13, 2021
Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter & Fiscal Year Results
Helmerich & Payne, Inc. (NYSEHP) reported a net loss of $79 million, or $(0.74) per diluted share, from operating revenues of $344 million for the quarter ended September 30, 2021, compared to a net loss of $56 million, or $(0.52) per diluted share, on revenues of $332 million for the quarter ended June 30, 2021. The net losses per diluted share for the fourth and third quarters of fiscal year 2021 include $(0.12) and $0.05 of after-tax losses and gains, respectively, comprised of select items(2). For the fourth quarter of fiscal year 2021, select items(2) were comprised of:
By Helmerich & Payne, Inc. · Via Business Wire · November 17, 2021
Helmerich & Payne, Inc. Announces Fiscal Fourth Quarter 2021 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) fiscal fourth quarter 2021 earnings release, you are invited to listen to its conference call on Thursday, November 18, 2021, at 11:00 a.m. (ET) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · October 18, 2021
Helmerich & Payne, Inc. Announces Completion of Senior Notes Offering
Helmerich & Payne, Inc. (NYSEHP) (“H&P” or the “Company”) announced today that it has successfully completed its previously announced private offering (the “Offering”) of $550 million aggregate principal amount of 2.900% senior notes due 2031 (the “Notes”).
By Helmerich & Payne, Inc. · Via Business Wire · September 29, 2021
Helmerich & Payne, Inc. Announces Upsize and Pricing of $550 Million Offering of 2.900% Senior Notes due 2031
Helmerich & Payne, Inc. (NYSEHP) (“H&P” or the “Company”) announced today that it has priced its previously announced private offering (the “Offering”) of $550 million aggregate principal amount of 2.900% senior notes due 2031 (the “Notes”) to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act. The offering size was increased from the previously announced offering size of $500 million in aggregate principal amount.
By Helmerich & Payne, Inc. · Via Business Wire · September 27, 2021
Helmerich & Payne, Inc. Announces Private Offering of $500 Million of Senior Notes and Conditional Redemption of 4.65% Senior Notes due 2025
Helmerich & Payne, Inc. (NYSEHP) (“H&P” or the “Company”) announced today that it has commenced a private offering (the “Offering”) of $500 million aggregate principal amount of senior notes due 2031 (the “Notes”) to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act. The timing of pricing and terms of the Notes are subject to market conditions and other factors.
By Helmerich & Payne, Inc. · Via Business Wire · September 27, 2021
ADNOC and Helmerich & Payne Form Strategic Alliance; Helmerich & Payne Makes Cornerstone Investment in ADNOC Drilling IPO
The Abu Dhabi National Oil Company (“ADNOC”) and its subsidiary ADNOC Drilling Company (“ADNOC Drilling”) and Helmerich & Payne, Inc. (NYSEHP) (“H&P”), a global leader in rig technologies and drilling solutions, jointly announced today a strategic alliance, that will see ADNOC Drilling acquire eight FlexRig® land rigs from H&P for $86.5 million. Following this transaction, H&P will make a $100 million cornerstone investment into ADNOC Drilling’s recently announced Initial Public Offering (“IPO”).
By Helmerich & Payne, Inc. · Via Business Wire · September 8, 2021
Helmerich & Payne, Inc. To Participate in Virtual Conferences in September 2021
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; Dave Wilson, Vice President of Investor Relations; and other members of H&P management are scheduled to participate in the following investor conferences during September 2021. Participation by the management team may vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · September 7, 2021
Helmerich & Payne, Inc. Announces the Appointment of New Director
Helmerich & Payne, Inc. (NYSEHP) today announced that Belgacem Chariag was appointed to the Company’s Board of Directors.
By Helmerich & Payne, Inc. · Via Business Wire · August 3, 2021
Helmerich & Payne, Inc. Announces Fiscal Third Quarter 2021 Conference Call and Webcast
In conjunction with Helmerich & Payne, Inc.’s (NYSEHP) fiscal third quarter 2021 earnings release, you are invited to listen to its conference call on Thursday, July 29, 2021, at 11:00 a.m. (EDT) with John Lindsay, President and CEO, Mark Smith, Senior Vice President and CFO, and Dave Wilson, Vice President of Investor Relations. Investors may listen to the conference call either by phone or audio webcast.
By Helmerich & Payne, Inc. · Via Business Wire · July 1, 2021
Helmerich & Payne, Inc. To Participate in Virtual Conferences in June 2021
Helmerich & Payne, Inc. (NYSEHP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; Dave Wilson, Vice President of Investor Relations; and other members of H&P management plan to participate in the following investor conferences during June 2021. Participation by the management team will vary by event.
By Helmerich & Payne, Inc. · Via Business Wire · June 1, 2021